Treasury

Treasury savages ‘appalling’ plans for a £350m relocation of body replacing PHE

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Treasury savages ‘appalling and incredibly expensive’ plans for a £350m Essex HQ to house new body replacing Public Health England The National Institute for Health Protection has replaced Public Health England   Matt Hancock has tabled plans to relocate the NIHP’s headquarters to Essex  Treasury insiders have criticised the plans, calling them ‘appalling and incredibly expensive’  … Read more

Civil servants claim they do not feel comfortable with a Treasury room named after Winston Churchill

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Now civil servants claim they ‘do not feel comfortable’ with a Treasury room named after Winston Churchill A Treasury room is named after former British Prime Minister Winston Churchill  Civil servants are uncomfortable with the name and have complained about it Rishi Sunak has defended the name of the room due to its historical significance  … Read more

£230bn commercial property crash: Treasury watchdog sounds the alarm

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£230billion commercial property crash: Treasury watchdog sounds the alarm as millions work from home By Matt Oliver and Hugo Duncan for the Daily Mail Published: 21:50 BST, 17 July 2020 | Updated: 22:08 BST, 17 July 2020 Commercial property prices look set to plunge as white-collar workers shun the office, the Treasury watchdog has warned. … Read more

Treasury resists NHS call for £10bn to clear surgery backlog

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The NHS and the Government’s Treasury are stuck in an argument about the health service’s demands for an extra £10billion to clear a backlog in surgery patients. Sources say bosses at both organisations are ‘at complete loggerheads’ as the NHS tries to return to normality as the UK’s coronavirus pandemic continues to shrink. The Government had … Read more

Treasury DELETES tweet urging people to head to pubs on ‘Super Saturday’

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‘Grab a drink and raise a glass’: Treasury DELETES tweet urging people to head to pubs on ‘Super Saturday’ lockdown easing amid fury that it was fuelling chaos HM Treasury tweeted last night urging people to go to the pub on Saturday The tweet said people should ‘grab a drink and raise a glass’ upon … Read more

Treasury loses more than £2.5bn in fuel duty payments in lockdown 

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Treasury loses more than £2.5billion in fuel duty payments due to dramatic drop in car use during lockdown By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020 The Treasury has lost  £2.5bn in fuel duty under lockdown The lockdown has cost the Treasury more … Read more

One million self-employed sign up to government furlough scheme in two days, treasury figures show

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One million self-employed sign up to government furlough scheme in two days, treasury figures show As many as 440,000 signed up on Wednesday and a further 500,000 today Takes total number of Britons on furlough schemes to 8.5million and rising Government launched self-employed scheme two weeks ahead of planned date  By Luke Andrews For Mailonline … Read more

Treasury lifeline to savers facing financial difficulties due to virus

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Treasury throws a lifeline to savers facing financial difficulties due to Covid-19 by reducing exit fees By Sylvia Morris For The Daily Mail Published: 22:01 BST, 5 May 2020 | Updated: 22:01 BST, 5 May 2020 Savers facing financial difficulties due to Covid-19 have been thrown a lifeline. In a welcome move, HM Treasury has … Read more

Treasury will reduce Lifetime Isa penalty to 20% until next April

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Victory! The Treasury will now allow aspiring first-time buyers to tap into their Lifetime Isas without penalty – four days after we raised concerns On Tuesday, we reported young savers would be penalised The DWP expects people to use Lifetime Isa cash before they can get benefits But the Treasury did not adjust the 25% … Read more